Is Modale, IA 51556 a buyer’s or seller’s market?
Modale is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Modale housing market right now
In the three months ending August 31, 2026, 0% of homes in Modale, IA 51556 sold above their list price, the typical home went under contract in 186 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (51 days then) and the median sale price fell 31% to $201,163. Overall, Modale is less competitive than a year ago, which gives buyers more room.
Within Harrison County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Missouri Valley 51555 (29% sold over asking) and Woodbine 51579 (10% sold over asking) are even more competitive.
Run the numbers for 51556
Nearby markets
Dunlap 51529Seller’s market $115 /sq ftLittle Sioux 51545 — /sq ftLogan 51546Balanced $163 /sq ftMissouri Valley 51555Seller’s market $145 /sq ft Browse all markets →Where Modale is
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Questions about Modale real estate
Is Modale a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Modale, IA 51556 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Modale?
The typical home went under contract in 186 days in the latest three months.
Do homes in Modale sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Modale?
About 1.32% of a home’s value a year in Harrison County, or roughly $5,280 on a $400,000 home.
What is the median home price in Modale?
The median sale price was $201,163 in the three months ending August 31, 2026, about $147 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology